World Acceptance (WRLD) investor relations material

Executive summary

• Net income per diluted share for Q4 FY26 was $7.70, down from $8.13 in Q4 FY25, with net income of $36.5M, a decrease of $7.8M year-over-year.

• Total revenue increased 7.4% year-over-year to $177.6M, driven by higher loans outstanding and yields.

• Tax preparation returns prepared rose 13% year-over-year, with segment revenue up $5.3M (15.9%).

• Gross loans outstanding increased 4.4% year-over-year to $1.28B as of March 31, 2026.

• Customer base grew 2.5% year-over-year, with organic growth of 4.9% excluding acquisitions.

Financial highlights

• Interest, fee, and insurance income increased 5.4% ($7.0M) year-over-year in Q4 FY26.

• Provision for credit losses rose $3.8M to $36.8M in Q4 FY26, reflecting higher net charge-offs.

• General and administrative expenses increased 23.6% to $81.5M in Q4 FY26, with personnel expense up 33.2%.

• Net charge-offs as a percentage of average net loans receivable (annualized) increased to 18.7% in Q4 FY26 from 18.5% in Q4 FY25.

• Delinquency rates and dollar amounts decreased compared to the prior year.

Outlook and guidance

• Personnel expense expected to be $47–$49 million for the first three quarters of fiscal 2027, slightly higher in the fourth quarter.

• Portfolio expected to deliver results in FY27 as growth shifts to a lower proportion of new customers, aiming for lower charge-offs and improved profitability.

• Expects interest, fee, and insurance income to continue increasing in coming quarters.